Overall, sweet biscuits will continue to shrink in both volume and constant value terms for the forecast period. Sweet biscuits products are popular with children, and parents tend to buy them as snacks for school lunch boxes and in between meals at home.
Snack bars is set to see strong growth in terms of both constant and current value during the forecast period, along with steady rises in volume sales. Snack bars with added health benefits and functional value will continue to see increasing demand and to steal consumers away from biscuits products.
Inflated prices of wheat, vegetable oil and soyabeans, thanks in large part to the war in Ukraine, are having a direct and strong impact on the final unit prices of products within sweet biscuits, snack bars and fruit snacks. Manufactures will adjust their offer so as to remain competitive and continue to grow.
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Sweet Biscuits, Snack Bars and Fruit Snacks
This is the aggregation of biscuits and snack bars.See All of Our Definitions
This report originates from Passport, our Sweet Biscuits, Snack Bars and Fruit Snacks research and analysis database.
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